Goldman Sachs upgraded Relx to Buy from Neutral with a price target of 3,405 GBp, up from 3,046 GBp. The company is well positioned on generative AI to strengthen its existing data and IP competitive advantage, the analyst tells investors in a research note. The firm adds that the application of technology across the Relx suite of product should accelerate the company’s revenue growth, also noting that it sees upside risk to margins given the potential benefits to its operating leverage.
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Read More on RELX:
- Relx price target raised to 2,860 GBp from 2,770 GBp at Barclays
- Relx re-initiated with a Buy at Berenberg
- Relx price target raised to 3,170 GBp from 3,100 GBp at JPMorgan
- Relx price target raised to 3,200 GBp from 3,080 GBp at BofA
- Relx price target raised to 3,000 GBp from 2,915 GBp at Credit Suisse
